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Re: None

Saturday, 05/03/2008 7:09:48 AM

Saturday, May 03, 2008 7:09:48 AM

Post# of 246916
Traditional Banking: "As the holdings generate a history of performance, Seaway Valley can utilize lower cost sources of capital versus those used by Seaway Valley (and its predecessors) to date. The successful closing of the Wells Fargo line of credit is one example of that."


CD Repayments: "And as these core holdings mature and the capital generated is in excess of what is needed to sustain growth, that excess capital can be used for such activities as "convertible debenture repayments.", preferred stock repayments, and/or common stock re-purchases."


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